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Apr 23, 2013
04/13
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KQED
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when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional portions that it brings up? >> the supreme court said in 1992, a time we were talking about catalogs. that that time, state laws were too complex for everyone. guess what? we are in a different day and age, everyone knows electronic commerce, the internet is here to take. it's robust and what you have now is because congress has not acted you are giving a subsidy to online retailer that is not needed. what we need to do is treat everyone the same. if you have customers in a state with a sales tax, you should collect and remit. >> steve, you got the first
when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional...
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Apr 18, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> another day in the red has the major averages on track for their worst week of the year. josh lipton breaks down today's big movers. hey, there, josh. >> a down day for the market, but there were spots of green here. your biggest gainer in the s&p. let's start with that. peabody energy. the coal
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly...
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Apr 22, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> u.s. prosecutors are prepping charges against dzhokar tsarnaev. investigators won't say whether they've been begun questioning him in the hospital. he's unable to speak after being shot in the throat. fbi wants to speak with his wife's older brother -- i'm sorry, with his older brother who was killed in the shoot-out thursday night. dr. collins is here, head of north american maple croft. welcome. so, look, first of all, how complicating will this be for the investigation if they're unable to get him to speak? it sounds as though he's beginning to write. >> yes. thanks for having me on this morning. it's important in the beginning context and for this instance. so this is the first islamist attack on the united states since 9/11. in 2006, we had the liquid bomb plot that was foiled. and there's the underwear
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> u.s. prosecutors are prepping charges against dzhokar tsarnaev. investigators won't say whether they've been begun questioning him in the hospital. he's unable to speak after being shot in the throat. fbi...
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Apr 22, 2013
04/13
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CNBC
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go back and look at my taxes. i do pay. >> scoff law. >> you're a total liar. go back and look at my taxes. >> the irs have already audited me twice in the last 12 years. >> by the end of the show he will have a problem with the faa and the irs. are you sure you want to co-op it going? >> right. >> sec is next. >> right. >> the suspect in last week's boston marathon bombings now responding thankfully to investigators's questions making a dramatic turn for law enforcement officials definitely trying to piece together what was behind the attack and answer the all important question of why. scott cohn is in boston and the latest on the investigation. scott, it looks like the suspect cannot speak because of a gunshot wound to the neck, which sounds like, according to various reports, was likely self inflicted. >> that's right, brian. we're hearing that most of those responses from dzhokhar tsarnaev are in writing. it could be this morning we see the formal criminal charges. and the fact that they took time to put this
go back and look at my taxes. i do pay. >> scoff law. >> you're a total liar. go back and look at my taxes. >> the irs have already audited me twice in the last 12 years. >> by the end of the show he will have a problem with the faa and the irs. are you sure you want to co-op it going? >> right. >> sec is next. >> right. >> the suspect in last week's boston marathon bombings now responding thankfully to investigators's questions making a dramatic...
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Apr 17, 2013
04/13
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FBC
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let's juice up and give us tax decreases and tax cuts. do you think that's going to happen? >> i do, i'm optimistic and have always been, but in 2014, i think we'll take the senate and in 2016, the presidency and it doesn't have to be a republican. it can be a jack kennedy democrat and low rate, flat tax, you know, spending restraint and we can get sound money, free trade, mineral regulation and get the heck out of the way and the way that thatcher did and kennedy did and bill clinton did. this is what we need. >> look, i couldn't agree with you more, i do believe that's exactly what we need. and you think that that will be the expectation for the future. >> yes. >> and the stock market will go up early or middle of next year, because it expects that to happen? >> i think so. i mean, you really, unfortunately in this wonderful economy of ours, i love margaret thatcher's speech she said socialism a wonderful until you run out of other people's money to spend. the truth of the matter is we've run out of other people's money to spend. the party is gone and economy is in terribl
let's juice up and give us tax decreases and tax cuts. do you think that's going to happen? >> i do, i'm optimistic and have always been, but in 2014, i think we'll take the senate and in 2016, the presidency and it doesn't have to be a republican. it can be a jack kennedy democrat and low rate, flat tax, you know, spending restraint and we can get sound money, free trade, mineral regulation and get the heck out of the way and the way that thatcher did and kennedy did and bill clinton...
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Apr 23, 2013
04/13
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CNBC
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. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reduc
. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny...
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Apr 23, 2013
04/13
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FBC
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how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where americans don't top work. this that is find just give us an answer, do we as a nation make money? do we benefit? do we prosper because of illegal immigration. you hear everyone say we're a nation of immigrants, why don't they say a nation of illegal immigrants? the questions go on and on, is the path to citizenship appropriate? is it good or bad for the economy? it is good for american society. the real question becames after 10 years of debating this issue, why in the world don't we havv tse answers? that's the big question. if you have been watching politics, and washin
how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where...
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Apr 17, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> you're watching cnbc "squawk on the street" live from the financial capital of the world. the opening bell, and the earnings have been checkered. europe, though, has had a dramatic morning especially the dax. >> look, europe is -- if they're not going do anything to
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together...
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Apr 17, 2013
04/13
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accused him of blood sucking off the american people for not doing so when carnival pays a poet total tax here. >> all right. let's go to scott in boston with breaking news. this is reporting by the boston globe which says that authorities have now gotten an image of somebody dropping a bag at the site of the explosion and that could potentially be a suspect. we don't know if there is an identity on that suspect. i want to show you down here some of what's been going on. this is a fire department ladder here but we saw just a short time ago. the news is the boston globe reporting that authorities have an image of somebody placing a package at the site of the tragic explosion on monday and that could be a suspect. we're following this and we'll keep you posted. >> people are asked if they took video with their mobile phones to turn that in. do we have any idea where that image came from? >> i don't. while i talk, let me show you more of these guys off the roof. there are a lot of people with cell phones and also surveillance cameras, at least three as we reported yesterday that were traine
accused him of blood sucking off the american people for not doing so when carnival pays a poet total tax here. >> all right. let's go to scott in boston with breaking news. this is reporting by the boston globe which says that authorities have now gotten an image of somebody dropping a bag at the site of the explosion and that could potentially be a suspect. we don't know if there is an identity on that suspect. i want to show you down here some of what's been going on. this is a fire...
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Apr 23, 2013
04/13
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we have uncertainty around tax. china's government is just now firmly in place and starting to take action. so i think that didn't allow things to progress on that side as well in the first quarter. >> in terms of china, we spoke yesterday with doug from caterpillar. he said in china things look a little better than they had to this point. what's your business in china look like? >> our business depends on the sector. things like nutrition and health food and agriculture, we're making great progress. automotive. in china, builds were up 12% year over year. in other areas that are infrastructure related, they have been lagging 6% to 9%. things about transformers or motors or generators. we see a lot of indication that's starting to loosen up and improve. >> i'm a nascar fan. i'm a jeff gordon fan. he's my favorite driver. i'm starting to see your name a little bit less on the 24 car. which makes me think automotive paint not where you need to be. i'm surprised by that given the automotive industry has done so well. w
we have uncertainty around tax. china's government is just now firmly in place and starting to take action. so i think that didn't allow things to progress on that side as well in the first quarter. >> in terms of china, we spoke yesterday with doug from caterpillar. he said in china things look a little better than they had to this point. what's your business in china look like? >> our business depends on the sector. things like nutrition and health food and agriculture, we're...
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Apr 22, 2013
04/13
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FBC
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that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> good morning, everyone, sorry to tell you this, but here comes maximum pain. air travelers, listen up. your chances of a flight delay just went up. those furloughs are in place for air traffic contollers, they've got to take one day off every two weeks. ra ray lahood, the same may that told us to drive toyotas, he said they're unavoidable. sequester cuts are here and the
that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures...
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567
Apr 22, 2013
04/13
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FBC
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eye 567
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this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob n retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. liz: been a long time since we've seen a stock react like this in the after markets especially to the upside. take a look at shares of netflix, soaring after-hours following first-quarter earnings. we have back to nicole petallides. this is significant jump on very solid numbers. >> it is unbelievable to watch netflix after-hours on the move. we talked about a few things. let's first go over the numbers
this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and...
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Apr 22, 2013
04/13
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as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov when we come back. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >>> about >>> about an hour into trading and some of the stories we're squawking about. existing home sa
as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov...
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Apr 19, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that car and there is an active search going on at this point in time. an mbta police officer was struck during that exchange of gunfire and is currently at the hospital in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit...
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Apr 17, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com lets you jump backwards and forwards in time to capture the perfect shot. blackberry z10 with time shift. built to keep you moving. see it in action at blackberry.com/z10 >>> welcome back to the program. there you are looking at sarah ferguson. one of the many guests attending the funeral today in london for margaret thatcher. more than 2,000 guests are expected at st. paul's cathedral just up the road from our cnbc stud yeaio here. it's the first time i believe that a lot of people will be seeing the inside of this cathedral since princess diana was married there a couple decades ago. it's certainly one of the biggest and most important funerals the u.k. has seen since churchill passed in 1965 and first time the queen will be in well. there's 10 downing street as we show you some of the crowds gathering. it look
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com lets you jump backwards and forwards in time to capture the perfect shot. blackberry z10 with time shift. built to keep you moving. see it in action at blackberry.com/z10 >>> welcome back to the program. there...
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Apr 16, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>> welcome back to "fast money," i'm bertha coombs. i want to update you on the latest update from officials in boston on the boston marathon bombing. fbi special agent in charge says they have sifted through some 2,000 tips so far. he talked about the bomb. what went on in the making of those explosive devices. he said they were encased in pressure cookers and he detailed what they have gathered so far from the forensic evidence. >> among items partially recovered are pieces of black nylon which could be from a backpack. and what appear to be fragments of bbs and nails possibly contained in a pressure cook
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>>...
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Apr 22, 2013
04/13
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FBC
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ten-year strategy by the kochs to shift the nation to a smaller government with less regulation and taxes. now, that rattles folks like the editor-in-chief of the rap.com, a hollywood web site, who writes, quote: the koch brothers are known for having funneled multiple millions of dollars into right-wing political campaigns. this news should make anyone who cares about journalism nervous. well, i care about journalism, i'm not nervous. the chandler family founded the l.a. times in 1888 as a conservative newspaper, and never mind that no complaints were raised after reports that democratic billionaires ron burkle and ely broad were interested in buying "the new york times." there's that old saying that freedom of the press goes to the guy who owns one. the key point here isn't red or blue or politics, it's green -- money. tribune company just emerged from chapter 11, and while liberal pillars in hollywood are interested mainly in buying only the l.a. times, the koch brothers may bid to buy all eight tribune newspapers combined, and that could better insure their survival. liz? liz: well, y
ten-year strategy by the kochs to shift the nation to a smaller government with less regulation and taxes. now, that rattles folks like the editor-in-chief of the rap.com, a hollywood web site, who writes, quote: the koch brothers are known for having funneled multiple millions of dollars into right-wing political campaigns. this news should make anyone who cares about journalism nervous. well, i care about journalism, i'm not nervous. the chandler family founded the l.a. times in 1888 as a...
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Apr 18, 2013
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you know, taxes are changing, payroll taxes, income taxes, sequestration. and there was a little bit of a pause. but then we saw us get out of that and i think they're still confidence-rich -- confidence-poor -- confidence-r. >> i lov that phrase, and i have gave you credit of late. military, i've never seen a company more aggressively try to hire people from the military. and the other thing is, i didn't know you did so much business with the military, and that's been tough now because of sequester. >> sure, sure. one of the things about snap-on, for years we focused on auto repair. but what we've been doing lately is rolling the snap-on brand out of the garage to critical industries where the penalty for failure is high. >> aerospace. >> aerospace, military. one of the first places we went to is military. and we built a big business there. it's been down, but aerospace is coming up. aerospace and natural resources is what double digits in the quarter for us. i was just at an aerospace facility in indianapolis. 800 technicians, 800 technicians there. i was
you know, taxes are changing, payroll taxes, income taxes, sequestration. and there was a little bit of a pause. but then we saw us get out of that and i think they're still confidence-rich -- confidence-poor -- confidence-r. >> i lov that phrase, and i have gave you credit of late. military, i've never seen a company more aggressively try to hire people from the military. and the other thing is, i didn't know you did so much business with the military, and that's been tough now because...
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Apr 17, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> i'm feeling like a broken record, but once again, s&p 500 hitting fresh-session lows. being led lower by financials, technology, and energy. all of those spiders are lower by more than 2%. here's the financial spider getting weaker and weaker throughout the session. ditto, same intraday pattern for the technology, lower by more than 2%, and energy is lower, holy smokes, 2.75% for the xle. which brings us to crude, lower by 2.66%. down more than two bucks. bk, while we were sitting here, you sold brent. >> yes, i sold july brent about two minutes ago. and i was shorted yesterday. i covered it just about these prices. i wanted to get back in. so if you look at the inventory numbers today from the u.s., we had gasoline demand down, we've had production at highs since 1992. so you can go with the commodity oversu
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> i'm feeling like a broken record, but once again, s&p 500 hitting fresh-session lows. being led lower by financials, technology, and energy. all of those spiders are lower by more than 2%. here's the...
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Apr 23, 2013
04/13
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yes, so apple becomes still one more bond equivalent with a better coupon than the bond itself that's tax advantage. without new products what you have is a company that's not much different in their eyes than something as pro sayic as kimberly-clark or pepsico or even mcdonald's. they're all innovators too and they're all marching around the world with new products and winning everywhere they seem to go with good balance sheet, good yield. these companies have the secret sauce which is expanding gross margins and higher earnings. and as lacking as mcdonald's might be, they are a technical marvel in their own ability to deliver, well, what i had this morning on the set on "squawk on the street." a healthy egg mcmuffin with much less cholesterol because it was made with egg whites. don't laugh! don't laugh. you have to understand what the stock market really wants right now. it wants consistent, higher earnings with a consistent increase in dividend. apple gives you only the latter, not the former. the market wants visible innovation that can move the needle. apple does not have that yet,
yes, so apple becomes still one more bond equivalent with a better coupon than the bond itself that's tax advantage. without new products what you have is a company that's not much different in their eyes than something as pro sayic as kimberly-clark or pepsico or even mcdonald's. they're all innovators too and they're all marching around the world with new products and winning everywhere they seem to go with good balance sheet, good yield. these companies have the secret sauce which is...
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Apr 22, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. [ticking] >> having become a part of so many lives, facebook's creation is now the fodder of myths, the subject of lawsuits, a number of books, and the social network, an award-winning 2010 movie, all fo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get...
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Apr 18, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in particular was weak. eegan jones did dowde country to an a from an a plus. the xetra dax today after shedding better than 2% yesterday, which is a huge move for this index, rebounding by about 0.4%. small gains seen elsewhere, the ftse mib in italy up about 0.6%. keeping an eye on the presidential election process. that is currently under way. here is a look at the bond space. when it comes to the ten-year rates, we're also seeing a similar story with the one exception of germany. so generally speaking, risk sentiment doing okay this morning. yields falling to 4.65%. 4.23% respectively. we've been sittin
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in...
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Apr 18, 2013
04/13
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noticing that the effective tax rate that google's reporting is actually 8%. that compares with 18%, both last quarter and in the same quarter a year ago. so you've got to wonder how much that low tax rate affected their profitability and eps in that quarter. >> indeed. all right, thank you, all. an important earnings report period just now and wouldn't you know, it's the fast food company that is the only one that beat on the top line, of all three. and it's up 7.5% right now. thank you. >>> coming up, just three days of the tax deadline comes news of a b involving current and former irsit uil you hea wh they did, michelle. >> oh, i'll be shocked. >>> also, we're going to speak exclusively to bb&t ceo about his company's earnings and his bank's trouble with stress tests. >> that and much more coming up on the "closing bell." you are watching cnbc, first in business worldwide. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's
noticing that the effective tax rate that google's reporting is actually 8%. that compares with 18%, both last quarter and in the same quarter a year ago. so you've got to wonder how much that low tax rate affected their profitability and eps in that quarter. >> indeed. all right, thank you, all. an important earnings report period just now and wouldn't you know, it's the fast food company that is the only one that beat on the top line, of all three. and it's up 7.5% right now. thank you....
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Apr 19, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. no they don't. hey son. have fun
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local...
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Apr 16, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are waiting for goldman sachs and coke. it was indicated higher. it's less clear now. closes 253.86. i did see trading on word that the company beat us. just under $4 trillion. coke is out. coke is reporting. we're going to look at case volume and everything else. looks like the the adjusted number is 46 cents a chair versus expectations of 45 cents. >> gown from 11.4 billion in the year ago period. now, we're also going to give you all of these case volume estimates and we'll try to figure out all the different parts of the world that we're looking for. worldwide looking for case volume up 3.1% in north america. the company says for the first quarter it was 4%. first quarter 4%. >> there's a big announcement the company put out 10 minutes ago saying they are taking steps with five of the bottling partners
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are waiting for goldman sachs and coke. it was indicated higher. it's less clear now. closes 253.86. i did see trading on word that the company beat us. just under $4 trillion. coke is out. coke is...
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Apr 24, 2013
04/13
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would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts? >> let's talk with max wolf, back with us, and scott stein is senior editor with cnet.com. so max, tim cook admits that apple is a mature technology company. they're increasing the dividend, they have this massive buyback to put some of this cash to work. can we officially now declare this the end of the steve jobs era at apple? >> yeah, i think we probably can pch i think apple decided that for the foreseeable future, it was better to try to be an irresistible value play than a much more questionable growth play, although i think there's a good cha
would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts?...
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Apr 22, 2013
04/13
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. >>> there cob a bill to collect sales tax on all online purchases. that will give local governments in as much as $11 billion in additional revenues they are owed. until now, the rule has been as long as the retailer didn't have a physical presence in the state where the consumer was shopping, the company didn't have to collect sales tax. ebay is fighting back. they are e-mailing users to recruit them to lobby against the senate bill. scott? >>> 5:13. jon and laura, over the weekend, i had a chance to host the tech challenge awards where kids create an invention to solve a problem. it is very involved. this year, more than 3500 kids participated. here is me handed out awards at the elementary school level. scott budman did the same for junior high. this year, girls teams made up 49% of the entries. >> that's fantastic. >> it is. we do something with eastside high school district as well, their science fair. it is more than 50%. girls in stem is an important issue. it is working. we are winning. girls are winning. we are all winning. >> all right. >>
. >>> there cob a bill to collect sales tax on all online purchases. that will give local governments in as much as $11 billion in additional revenues they are owed. until now, the rule has been as long as the retailer didn't have a physical presence in the state where the consumer was shopping, the company didn't have to collect sales tax. ebay is fighting back. they are e-mailing users to recruit them to lobby against the senate bill. scott? >>> 5:13. jon and laura, over the...
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Apr 23, 2013
04/13
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he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening, eamon. >> good evening, larry. the new details are that the law and lobbying firm green and troutwig has received and is responding to a subpoena from the s.e.c. in this matter. they are involved in a situation here, because the allegation is that a separate firm called hight securities sent a tip to wall street clients that changes were coming to medicare. there was an employee involved in the chain of communication of e-mails of some of this information. now greenbergtroutwig also saying today they're going to get out of the business of so-called political intelligence. that's when firms in
he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening,...
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Apr 24, 2013
04/13
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we need a broader tax agreement. >> he pinned its hopes on a german-swiss agreement. when that failed, he turned himself in. it is unclear if he did it in time to avoid a potential prison sentence. >> terry, thank you so much for being with us. quite a dramatic development in this tax evasion case. tell us more. >> dramatic indeed. it seems the president of the most successful soccer club, bayern munich, was arrested in connection with the tax evasion scandal you mentioned. one of the main paper is says he was arrested on march 20th, just briefly, and then released again after paying a bailout in the amount of 5 million euro. it was said he was arrested in connection with a search of his home on the same day. again, march 20th. down now the size of the bail has suggested that if the charges stick, if he is charged, tried, and convicted, he could avoid going to jail. >> is trying to keep his tax evasion case separate from his professional side. >> he is facing allegations of tax evasion on a massive scale. if they stick time it is hard to imagine they would be able to
we need a broader tax agreement. >> he pinned its hopes on a german-swiss agreement. when that failed, he turned himself in. it is unclear if he did it in time to avoid a potential prison sentence. >> terry, thank you so much for being with us. quite a dramatic development in this tax evasion case. tell us more. >> dramatic indeed. it seems the president of the most successful soccer club, bayern munich, was arrested in connection with the tax evasion scandal you mentioned....
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Apr 16, 2013
04/13
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the gift tax exemption was raised to the same level as the estate tax: the same $5.25 million. it was supposed to go down to a million, so this is a good opportunity for people to take advantage of this, because with the new budget proposal, there is a good chance they could lower it back to the old $1 million, and this way they could be grandfathered. if that is taken away, their estates won't be subject to this tax, and the growth will be out of the people's estates too. - i know a number of years ago, grandparents who wanted to give just a straight gift to children, for example, it was $10,000 a year. now that is up to $14,000, and that is a real boon for grandparents to sort of offload their cash. - right. and if you are married you can double that to $28,000, and if you have a child or grandchild who is married, you can double that again to $56,000. but there are a couple of exceptions that can increase it, such as if the grandparent has a child, say, in college, if he pays the college tuition directly to the school, it doesn't eat into the $14,000 exemption. - so you stil
the gift tax exemption was raised to the same level as the estate tax: the same $5.25 million. it was supposed to go down to a million, so this is a good opportunity for people to take advantage of this, because with the new budget proposal, there is a good chance they could lower it back to the old $1 million, and this way they could be grandfathered. if that is taken away, their estates won't be subject to this tax, and the growth will be out of the people's estates too. - i know a number of...
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Apr 22, 2013
04/13
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sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50 employees. lori. lori: both sides make a vital argument. peter: this got a test vote in the senate earlier this year. it got 75 votes on a pretty bipartisan basis. this legislation faces stronger opposition in the house from anti-tax. lori: thank you, peter barnes. melissa: crying wolf. former department of transportation inspector says it is just another example of shoddy management. she joins us ahead. lori: a look at the breakdown. you do have shares in the right here. microsoft and caterpillar leading the dow. we will be back right after t
sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50...
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Apr 16, 2013
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this is important to people in the boston area the irs is telling them don't worry if you missed the tax deadline if you're in the boston area. they will get an extension and the irs plans to make an announcement. >> good information to have. thanks. >>> nervous investors will be looking for fallout over the bombings and keeping an eye on the investigation in boston. stocks posted their biggest one day drop the year on monday and the selloff continued overseas this morning. weak economic data out of china sparked monday's fall and later bombings in boston drove up investors fears. >>> expect to see police and military presence ramped up at travel hubs in major cities across the country. in boston the governor said the city is open but will not be business as usual. >>> thanks to marathon runners who ran straight to the city's hospitals to donate blood massachusetts general met all of its blood needs for yesterday but encouraging more donations beginning at 7:30 this morning. >> announcer: "early today" health is brought to you by vagisil. >> coming up after the break what can authorities
this is important to people in the boston area the irs is telling them don't worry if you missed the tax deadline if you're in the boston area. they will get an extension and the irs plans to make an announcement. >> good information to have. thanks. >>> nervous investors will be looking for fallout over the bombings and keeping an eye on the investigation in boston. stocks posted their biggest one day drop the year on monday and the selloff continued overseas this morning. weak...
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Apr 24, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reducing waiting time. now a waiting room is just a room. [ telephone ringing ] [ static warbles ] [ beeping ] red or blue? ♪ >>> welcome back to the program. barclays just reported a drop in first quarter profit fell shy of estimates and was hit by the new restructuring plan. the bank took charges of 500 million pounds during the period related to plans to scale back the banking portfolio. barclays shares are up 1.5% on a day when most european stocks are higher. credit su
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients...
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Apr 17, 2013
04/13
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payroll tax, gas two things affect my wallet. adam: they're looking backwards. you have oil below $88 a barrel. tracy: i haven't felt that. adam: hopefully we'll feel it soon. tracy: we have stocks selling off, down about 19 points. the vix also known as the wall street fear index is soaring. let's head down to nicole petallides on the floor of the exchange. the vix will tell you what will happen 30 days from now, right? it is a gauge of the future. that means we're nervous about the future. >> that's exactly right. what it does it takes into account the volatility and fear in the market over the 30 days ahead for the s&p 500. that's exactly what we're seeing here today. we're seeing it at a level of 1 d. it was up over 24% earlier today. we're certainly seeing the volatility here on wall street. we have really seen that just this week alone. on monday we were down 265 points. yesterday we gained only to pull back again today and take out monday's lows. we're seeing broad based selling across the board. the more economically sensitive sectors are the ones gettin
payroll tax, gas two things affect my wallet. adam: they're looking backwards. you have oil below $88 a barrel. tracy: i haven't felt that. adam: hopefully we'll feel it soon. tracy: we have stocks selling off, down about 19 points. the vix also known as the wall street fear index is soaring. let's head down to nicole petallides on the floor of the exchange. the vix will tell you what will happen 30 days from now, right? it is a gauge of the future. that means we're nervous about the future....
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Apr 16, 2013
04/13
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from washington, the irs is telling boston area taxpayers, boston only, don't worry if you missed the tax filing deadline last night. they'll give extensions, and they plan to talk more about how that will be done later today. richard? >> traci potts, thank you so much. >>> people at the scene of the explosions are speaking about what they saw. one witness saying he could feel the explosions from his feet to his chest. a photographer on the scene shared his story with our own brian williams. he was just half a block away when he heard the first explosion. >> it was one of the craziest scenes i've ever scene. everyone was rushing. no one knew what to do. most of the people were running away. you know, the ems was running towards the scene. nobody knew what to do or what was happening. everyone was just in fear. >> this is like a bomb explosion that we hear about in the news in baghdad or israel or some other tragic place in the world. >> it went off and me and him -- we're rooting on our friend and like oh, yeah. and then it was, like, boom! both of us, we've been to afghanistan. you expec
from washington, the irs is telling boston area taxpayers, boston only, don't worry if you missed the tax filing deadline last night. they'll give extensions, and they plan to talk more about how that will be done later today. richard? >> traci potts, thank you so much. >>> people at the scene of the explosions are speaking about what they saw. one witness saying he could feel the explosions from his feet to his chest. a photographer on the scene shared his story with our own...
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Apr 22, 2013
04/13
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then they are not able to pay their income taxes, getig paying jobs, pay higher income taxes for the government. that goes into a vicious cycle. >> if we don't have the money, we cannot buy textbooks and supplies for our students. >> college seniors who graduated in 2009 carried on average of $24,000 in student loan debt, up 6% from 2008. >> it continues growing. today, student loan debt has climbed to an avere of $27,000 nationwide. >> if they don't go to college, how they're going to afford a place to live, and once they get out of college, how they're going to pay back these student loans that are so huge. >> i just think everything is just up in the air and nobody appen.from year to year whats >> we inherent the nation and therefore the debt and the economy. if our nation is unable to support our futures, how will we be able to pursue our own happiness and dreams? >> the economy supports the people. >> from small businesses, to jobs, to income -- >> and as a younger generation -- >> we hope to begin our lives in a nation -- >> that creates many opportunities -- >> for a brighter
then they are not able to pay their income taxes, getig paying jobs, pay higher income taxes for the government. that goes into a vicious cycle. >> if we don't have the money, we cannot buy textbooks and supplies for our students. >> college seniors who graduated in 2009 carried on average of $24,000 in student loan debt, up 6% from 2008. >> it continues growing. today, student loan debt has climbed to an avere of $27,000 nationwide. >> if they don't go to college, how...
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Apr 19, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you could take your explorer for service, why do you bring it back to the ford dealership? they specifically work on fords. it seems to me like the best care. and it's equal or less money, so it's a value for me. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. who doesn't enjoy value? at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. the east coast this morning and that means we are getting clo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you...
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and often only kevin i went to will be with them all from that taxes it's maison i don't want is some fraud to weaken the united states before then it's breaking this is that. i reckon cardiologist dr omar our claims that the war in iraq destroyed iraq's environment even worse than dropping the bomb on hiroshima did dr ocoee see puts to data that the number of press cancer cases has grown in the country from fifteen to thirty times cases of congenital heart disease have become fifteen times more frequent case of leukemia have increased thirty fold the doctor puts the blame on the weapons used in the one thousand nine hundred one and two thousand and three invasions of iraq and which nato forces used white phosphorus depleted uranium rounds and other toxic gases and poison of substances human rights watch and the world health organization have measured radiation levels in iraq and consider many places in iraq even some very far from the fighting to be contaminated naturally radiation is not racist and foreign soldiers in iraq are not immune usa today even published research results tha
and often only kevin i went to will be with them all from that taxes it's maison i don't want is some fraud to weaken the united states before then it's breaking this is that. i reckon cardiologist dr omar our claims that the war in iraq destroyed iraq's environment even worse than dropping the bomb on hiroshima did dr ocoee see puts to data that the number of press cancer cases has grown in the country from fifteen to thirty times cases of congenital heart disease have become fifteen times...
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Apr 18, 2013
04/13
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click, your tax is paid. i don't know. >>> still ahead, the building of the biggest container ships to roam the world. and the man who's paying $190 million for each of them. the maersk ceo nils andersen will join us here live at post 9. >>> what will twitter music mean for the likes of pandora? back in two. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly with the right parts and the right people. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. did you tell him to say all of that? no, he's right though... omnipotent of opportunity. you know how to mix business... with business. and y
click, your tax is paid. i don't know. >>> still ahead, the building of the biggest container ships to roam the world. and the man who's paying $190 million for each of them. the maersk ceo nils andersen will join us here live at post 9. >>> what will twitter music mean for the likes of pandora? back in two. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having...
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Apr 21, 2013
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and was a flat rate local tax as opposed to a local income tax. was a duke would pay the same for local public services as a dustman. the public reacted incredibly badly. her own colleagues said the idea had to be softened and she got into the dogmatic mindset. it ultimately undid her. --st: people might not for preferred to go back but made for for reform to occur in a less cutthroat way. am sitting here and i am watching and listening to people here in america talk about maggie thatcher like she is some kind of angel. . was born in barbados as a young man, six years old, ira member maggie thatcher's campaigns before she became prime minister. she was a racist. i am a black man. wanted to chase us back to the sugarcane fields in jamaica and the serengeti plains. my father, who worked in transport, he would talk about her talking about if you are 30 and still taking the bus -- guest: i think it is tremendously important as a point. i would argue that she was not racist, certainly by the time she was prime minister, you did not see racism on her. s
and was a flat rate local tax as opposed to a local income tax. was a duke would pay the same for local public services as a dustman. the public reacted incredibly badly. her own colleagues said the idea had to be softened and she got into the dogmatic mindset. it ultimately undid her. --st: people might not for preferred to go back but made for for reform to occur in a less cutthroat way. am sitting here and i am watching and listening to people here in america talk about maggie thatcher like...
WHUT (Howard University Television)
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Apr 16, 2013
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extremists in america to make some kind of protest against the government. 15 is the day for filing taxes often a flash point that who don't like the reach of the federal government and coming up on the anniversary of bombing in city massacre and bine esterday was patriot's day anniversary of the war against the british. but aware waiting for -- we are for more information from the police in about 2 1/2 horse when they hold their first conference. bostonians are asking why this appened to their city and marathon. runners i have been talking to are so shocked that something pinnacle of their athletic achieve. a glorious day when they elebrate but on that day somebody could have come up with such a cruel scheme as to rob limbs, to kill and to maim. a comprehensive coverage of the boston marathon bombing website. bbc news you can keep up to date with the developing story as well as analysis by test bbc news journalists on the ground. with n watch videos eyewitness accounts and reaction from the f.b.i., police and, of that statement from president barack obama. s america reacts to the boston
extremists in america to make some kind of protest against the government. 15 is the day for filing taxes often a flash point that who don't like the reach of the federal government and coming up on the anniversary of bombing in city massacre and bine esterday was patriot's day anniversary of the war against the british. but aware waiting for -- we are for more information from the police in about 2 1/2 horse when they hold their first conference. bostonians are asking why this appened to their...
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83
Apr 22, 2013
04/13
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CSPAN
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tax codes? currentreduce the rate tax rate from 35 percent down to 28% and reduce these tax breaks, the ones we have been talking about today. or expenditures, what ever you want to call them, in 2011, cost the u.s. government $1.10 trillion in forgone federal revenue. about 85% of that was for individual tax expenditures. these are things that we're familiar with -- the mortgage interest rate deduction or the donations.relatedchit only 20% of that or so was for corporate tax expenditures, some of which are the oil and gas company tax breaks. host: from twitter -- go to jackson, tenn. on our independent line. ofler: i have a couple comments and a question. the revenue the government is taking in is the lowest in six years. from this information cspan. the corporations -- it gets so tiresome hearing people talk about a high tax rate for corporations in the united states when, in effect, they are paying around 12% effective tax rate. of them pay no taxes. to the oil companies, a few moments ago, y
tax codes? currentreduce the rate tax rate from 35 percent down to 28% and reduce these tax breaks, the ones we have been talking about today. or expenditures, what ever you want to call them, in 2011, cost the u.s. government $1.10 trillion in forgone federal revenue. about 85% of that was for individual tax expenditures. these are things that we're familiar with -- the mortgage interest rate deduction or the donations.relatedchit only 20% of that or so was for corporate tax expenditures, some...
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Apr 16, 2013
04/13
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MSNBCW
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also from washington, the irs is telling boston area tax payers if you missed the tax filing deadline last night, don't worry about it. they'll give extensions. and they have an update on how they plan to do that. boston area only. >> good information to know. tracie potts in washington. thanks for that. >>> people at the scene of explosions are speaking out about what they saw. one witnesses said he could feel the explosions from his feet to his chest. a photographer on the scene shared his story with our own brian williams. he was just half a block away when he first heard the explosion. >> it was just -- it was one of the craziest scenes i've ever seen. nobody knew what to do. half the people were running away. ems was running towards the scene. nobody knew what to do. everyone was in fear. >> this is like a bomb explosion that we hear about in the news in baghdad or israel or some other tragic space in the world. >> it went off, me and him were like -- we were rooting on our friend. and boom. both of us, we've been to afghanistan. we expect that there. >> what went on? everybody w
also from washington, the irs is telling boston area tax payers if you missed the tax filing deadline last night, don't worry about it. they'll give extensions. and they have an update on how they plan to do that. boston area only. >> good information to know. tracie potts in washington. thanks for that. >>> people at the scene of explosions are speaking out about what they saw. one witnesses said he could feel the explosions from his feet to his chest. a photographer on the...